India

Startup News, Policies and Featured Stories fostering insights to the Indian startup ecosystem and various sectors like Fintech, Edtech, Logistics and more.

  • ShareChat denies reports around its $40 Mn funding

    ShareChat has denied all reports regarding its $200 million fundraising from existing backers to scale its new TikTok-like video offering Moj.

  • HT Media to acquire VCCircle.com parent Mosaic Media from News Corp

    HT Media Ltd, is reportedly projecting plans to acquire the VCCircle.com parent entity Mosaic Media Ventures Pvt. Ltd from News Corp.

  • Swiggy to layoff 350 employees due to COVID-19

    After laying off 1100 employees back in May, Swiggy is again set to lay off 350 employees as a part of its realignment exercise amid COVID-19.

  • Social-commerce startup BulBul raises $8.7 Mn funding from Info Edge

    Gurgaon, Haryana-based BulBul, a social-commerce startup that lets people sell their products by leveraging its video streaming avenue, has raised $8.7 Mn

  • Freshworks – India’s SaaS unicorn startup scoops $85 Mn from Steadview Capital

    Freshworks (formerly, Freshdesk) on Monday announced that it has raised $85 million from Steadview Capital, a London-based alternative asset management firm.

  • Zoho to set up 250-bed hospital for rural in Kattankulathur, Tamil Nadu

    India’s home-grown SaaS giant Zoho has recently announced that the company is projecting a 250-bed hospital in Kattankulathur district, Tamil Nadu.

  • Bengaluru’s Ather Energy scoops INR 84 Cr from Hero MotoCorp

    Bengaluru-based electric scooter manufacturer, Ather Energy has today raised a sum of INR 84 crore (around $11.2 million) from Hero MotoCorp.

  • Bollywood duo Genelia and Riteish Deshmukh launch plant-based meat venture

    Genelia Deshmukh and Riteish Deshmukh stepped into the entrepreneurship club by launching Imagine Meats, a plant-based meat production company

  • Finin – Neobanking startup scoops funding from Unicorn India Ventures

    Bengaluru-based neobanking startup, Finin on Monday closed a Pre-Series A round from Unicorn India Ventures’ Fund II, PointOne Capital and Astir Ventures.

  • Agritech startup Vegrow raises $2.5 Mn from Matric Partners & Ankur Capital

    Agritech startup Vegrow has today raised $2.5 million in seed funding led by Matrix Partners India and Ankur Capital with participation from Better Capital.

  • InCred scoops INR 500 Cr debt funding

    Mumbai-based InCred today raised INR 500 crore (around $6.8 million) from a number of public sector banks and financial institutions.

  • Dailyhunt launches Josh, a short video app like TikTok

    Dailyhunt launches Josh. After the TikTok ban, the Indian startup ecosystem is witnessing a huge plethora of Indian short video creation & sharing platforms.

  • Aatmanirbhar.Live launched as one of India’s largest incubator for MSMEs

    Three Indian youngsters last month launched World’s largest virtual incubator in India called Aatmanirbhar.Live to contribute to $5-trillion economy

  • Ola’s COO Arun Srinivas and Senior VP Sanjiv Saddy resign

    Ola has recently witnessed the exits of two of its delegates in leadership, Arun Srinivas, the COO and Sanjiv Saddy, Senior VP at Ola.

  • Marico acquires Ahmedabad-based men’s grooming brand Beardo

    Marico, Indian FMCG behemoth today announced that it has acquired Beardo, a men’s grooming brand. The acquisition witnessed the exit of VCats.